Regulatory Capture: Preventing Pervasive Corruption of the Public Interest

Thursday, January 30, 2014, 4:00 am ET - 05:30 am ET

From financial system collapses to coal mining disasters, the evidence is clear how special interests create substantial social costs by skewing the public regulatory process for their own profit. This outcome is not inevitable, however. Rather, new research from leading scholars highlights how smart policies and governance practices can prevent the power of narrow interests from capturing regulatory processes to improve market outcomes and the public good.